<p><span>“We are pleased with today’s jury verdict holding investment advisers Gregory Grenda and the Grenda Group, LLC, liable for securities fraud. Investment advisers have a duty to disclose all material information to their clients and today’s verdict makes clear that Gregory Grenda and the Grenda Group did not meet this duty. Instead, they committed securities fraud by failing to tell their clients that the Commission had barred Grenda’s father, Walter Grenda, from associating with an investment adviser because of his fraudulent conduct at a predecessor firm. Rather than share this important fact with its clients so it could inform their investing decisions, Gregory Grenda and the Grenda Group kept it from them. Today’s verdict underscores that the Commission will take all steps necessary to enforce its orders and protect investors.”</span></p>
Jo Gumley from Asylum Seeker Resource Centre, front left, mayor Angela Long and Veronica Hassett from Keysborough Learning Centre, with sponsors, rear from left, Nirad Shah from KPJ Group, Rob Anson from Norden Group, Rick Stephenson from Booran Motors and David Willersdorf from Grenda Group. 227753 07 Picture: STEWART CHAMBERS
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Take a Swing for Charity Golf Day hits its 12th year – shooting nearly $500,000 to local charities.
The golf day hosted by Greater Dandenong Council and local industries will tee off at Victoria Golf Club, Cheltenham on Wednesday 24 February.
“Money raised over the past 11 years has provided significant support to many local charities,” Greater Dandenong mayor Angela Long said at the launch on 8 February.